Ministry of Defence inks contract worth Rs.2269 Cr with BEL

Ministry of Defence inks contract worth Rs.2269 Cr with BEL

The Ministry of Defence has signed a contract with Bharat Electronics Limited (BEL), Hyderabad on 13 February 2024 in New Delhi, for procurement of 11 Shakti Electronic Warfare Systems along with associated equipment/accessories for the Indian Navy under Buy (Indian- IDDM) category at a total cost of Rs.2269.54 Cr.

Read Also : NHPC Ltd Q4 results, 16.3 percent decline in net profit

The Shakti EW System is indigenously designed, developed and manufactured. The Shakti EW System can accurately intercept electronic emissions and implement counter measures in dense electromagnetic environments.

 

Read Also : Ujjivan small finance bank Q4 results, highest ever PAT at Rs 1,281 crore recorded

The Shakti EW System will be installed on-board capital warships of the Indian Navy. The project will generate employment of two and a half lakh man-days over four years with participation of more than 155 industry partners including MSMEs, thus furthering the vision of 'Atmanirbhar Bharat'.

Read Also : Electric Cars vs. Hybrid Cars: 5 Major Differences